This exceptional investment opportunity presents a brand-new, four-unit apartment complex located at 2913 E Israel Avenue in Mission, Texas, 78573. Built in 2024, this Class B multifamily property boasts a total of 4,632 square feet of net rentable space, distributed across two two-story buildings situated on an 11,207.117 square foot lot. Each of the four units features three bedrooms and two bathrooms, complete with a full suite of Samsung appliances including a stove, microwave, refrigerator with water and ice dispenser, and a stacked washer/dryer. The units are designed with light, comfortable color schemes, LED lighting, and ceiling fans. The exterior is low-maintenance brick and rock, complemented by mature landscaping and a large lawn area. The property enjoys a 100% occupancy rate, generating a pro-forma NOI of $44,628 and an 8.30% cap rate. The property is zoned for multifamily residential use and is situated in a desirable location near excellent schools and various employment centers, within a six-mile radius. This turnkey investment offers a compelling combination of new construction, high occupancy, strong cash flow, and a prime location, making it an ideal addition to any portfolio. The property's attractive features, including open floor plans, luxurious master bathrooms with walk-in showers, and a peaceful cul-de-sac setting, ensure strong tenant appeal and long-term value.
Highlights
Brand new, four-unit apartment complex in Mission, TX.
4,632 square feet of net rentable space on an 11,207 square foot lot.
Four 3 bed/2 bath units with Samsung appliances and open floor plans.
100% occupancy, generating a $44,628 pro-forma NOI and 8.30% cap rate.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Janet Clement
Visit Broker Website
Learn more
Useful Information
Request information
2913 Israel Ave, Mission, Texas, 78573
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
2913 Israel Ave
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.